| Notice of Interest/Change in Interest | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | ABTERRA LTD |
| Company Registration No. | 199903007C |
| Announcement submitted on behalf of | ABTERRA LTD |
| Announcement is submitted with respect to * | ABTERRA LTD |
| Announcement is submitted by * | LAU YU |
| Designation * | DIRECTOR AND CHIEF EXECUTIVE OFFICER |
| Date & Time of Broacast | 17-Apr-2012 18:47:34 |
| Announcement No. | 00122 |
| Price Sensitivity | Yes |
| >> Announcement Details | |
| The details of the announcement start here ... |
| >> Part I | |
| 1. Date of notice to issuer * | 17/04/2012 |
| 2. Name of Director * | CAI SUI XIN |
| 3. Please tick one or more appropriate box(es): * | |
| - Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest. [Please complete Part II and IV] | |
| >> Part II | |
| 1. Date of change of Deemed Interest | 13/04/2012 |
| 2. Name of Registered Holder | GENERAL NICE RESOURCES (HONG KONG) LIMITED |
| 3. Circumstance(s) giving rise to the interest or change in interest | Open Market Purchase |
| # Please specify details | Change in shareholdings as a result of open market purchases by General Nice Resources (Hong Kong) Limited ("GNR") on the following date:- 1) 12 April 2012 Purchase of 80,000 shares. 2) 13 April 2012 Purchase of 64,000 shares With the open market purchases, the total number of shares held by GNR in Abterra Ltd. had been increased. As a result, Mr Cai Sui Xin's deemed interest in Abterra Ltd. was increased. Cai Sui Xin ("Cai") has a deemed interest in shares in the Company held by GNR by virtue of Section 7 of the Companies Act, as (i) Cai is the legal and beneficial owner of the entire issued share capital of General Nice Group Holdings Limited ("GNG"); (ii) GNG is the legal and beneficial owner of more than 20% interest in General Nice Development Limited ("GND") and General Nice Investment (China) Limited ("GNI") respectively, and (iii) each of GND and GNI is the beneficial owner of more than 20% interest in GNR. |
| 4. Information relating to shares held in the name of the Registered Holder | |
| No. of Shares held before the change | 81,205,976 |
| As a percentage of issued share capital | 33.11 % |
| No. of Shares which are subject of this notice | 144,000 |
| As a percentage of issued share capital | 0.06 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received | 0.5831 |
| No. of Shares held after the change | 81,349,976 |
| As a percentage of issued share capital | |
| >> Part III | |
| 1. Date of change of [Select Option] | |
| 2. The change in the percentage level | From % to % |
| 3. Circumstance(s) giving rise to the interest or change in interest | [Select Option] |
| # Please specify details | |
| 4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions | |
| >> Part IV | ||
| 1. Holdings of Director, including direct and deemed interest: | ||
| Direct | Deemed | |
| No. of shares held before the change | 0 | 81,205,976 |
| As a percentage of issued share capital | 0 % | 33.11 % |
| No. of shares held after the change | 0 | 81,349,976 |
| As a percentage of issued share capital | 0 % | 33.17 % |
| Footnotes | The percentage of issued share capital is based on the issued share capital of 245,246,947 shares. |
© 2012 SGX News
